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RE: Crypto Miners Now Powering AI

in LeoFinance7 months ago

I'd have to say I thought it was silly to buy all of that hardware but it's turning out that these large companies actully have a lot going for them. Before they mined Ethereum with GPUs, they create solar and other clean energy systems which they can sell extra off into the power grid and now they are massive farms to power AI. That's a ton of use cases for that bit of hardware they created all very profitable.

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I'd have to say I thought it was silly to buy all of that hardware...

That is how technology works. What seems senseless in the moment ends up turning into something much bigger.

It is why the outlawing and banning of many advancements is foolish. Imagine if everyone banned crypto mining. The industry would not have made the innovations that it did, something that is being applied to data centers and, ultimately, AI.